Senior Quality Assurance Auditor and Reporting Specialist at Postbank (SOC) Ltd

Job Responsibilities

• Assist in implementing the Quality Assurance and Improvement Programme (QAIP) within the Internal Audit function.
• Evaluate Internal Audit's conformance with the Institute of Internal Auditors (IIA) Standards and the Code of Ethics.
• Review audit plans, working papers, and reports to ensure they meet internal quality standards and comply with professional auditing standards (e.g., IIA Standards).
• Evaluate the effectiveness of the audit methodology and tools used by the audit team.
• Ensure audits are conducted in a consistent manner across the organization.
• Monitor the implementation of audit recommendations and the effectiveness of corrective actions taken by the auditees.
• Track key performance indicators (KPIs) for the audit department to ensure objectives are met.
• Prepare periodic reports on the quality of the audit processes, highlighting any deficiencies or areas for improvement.
• Identify opportunities for process improvements within the audit function.
• Develop and implement initiatives to enhance the quality and efficiency of audit activities.
• Provide training and guidance to audit staff on quality assurance practices and standards.
• Ensure compliance with internal policies, procedures, and external regulations and standards.
• Conduct periodic internal quality assessments to ensure alignment with the organization's quality assurance framework.
• Prepare the audit function for external quality assessments.
• Liaise with auditors, department heads, and other stakeholders to gather information and clarify details necessary for accurate reporting.
• Coordinate the distribution and communication of audit reports to relevant parties within the organization.
• Ensure that all audit reports and related documentation are properly archived and easily accessible for future reference.
• Maintain a library of audit templates, report formats, and writing guidelines to standardize reporting across the audit function.
• Ensure that all reports comply with internal and external reporting standards, including those set by regulatory bodies.
• Stay updated with changes in reporting standards and practices and ensure these are reflected in audit reports. 

 Qualifications and Experience

• Qualifications: Relevant bachelor’s degree in commerce (B Com or equivalent), or Risk Management and Compliance qualification. Honours degree will be an advantage. Must be a Certified Internal Auditor (CIA)
• Years of experience: Minimum 8 years of experience in the field in a Banking or finance industry.

 Knowledge and understanding of:

• Knowledge of Internal Controls and Assurance Frameworks.
• Good business report writing and communication skills.
• Strong analytical and problem-solving skills to identify performance gaps and improvement opportunities.
• High level of attention to detail and the ability to critically assess information.
• In-depth knowledge of South African banking regulations and compliance requirements.